SESSION OPEN VOLATILITY — PUBLIC LEDGER

Model

GHX-08 · Session Open Volatility

Version

v2.0

Market

XAUUSD only

Published trades

0

Account type

Demonstration

Record status

Awaiting first trade

Coming to forward testing. It is not yet available for account activation.

Inside its session hour it assesses each completed 5-minute candle and never makes a decision from a candle that is still forming.

The ledger is evidence of how this approach behaves in forward testing. Its purpose is to connect each outcome to the market idea that existed before the trade, without presenting proprietary settings as a trading instruction.

• It works from two named session references on gold — a London one and a New York one — each stored as a local time in its own country, so both sets of clock changes are handled on their own dates rather than as a fixed offset.
• For the first fifteen minutes after a reference it only observes. It measures those completed candles against how far gold had been moving in the hours before, and it continues only if the opening move was genuinely directional: far enough, straight enough, closing near its own extreme, and without having traded meaningfully the other way first.
• If it qualifies, one direction is locked for that session and never changed. A quiet or messy open is simply skipped.
• It then waits for the first brief pause against that direction, and judges the first attempt to resume. Only that first attempt counts: too weak, too deep, too late, or a new extreme against the trade, and the session play is over rather than waiting for a better-looking candle.
• No break of the opening high or low is required. An entry can happen inside the first fifteen minutes’ own range, because those extremes describe the move it observed rather than a trigger line.
• Entry is only valid for a short window after that candle closes, at a fresh executable price, and only while the spread and the distance moved since the close are inside what it accepts, and the projected move is still worth more than the risk after costs.
• Every trade carries a stop just beyond the frozen pause extreme and a target projected from the session opening price, both fixed before the order is sent. There is no part exit, no breakeven jump, no averaging and no reversal.
• Once the trade is a full unit of risk ahead on verified prices, protection follows behind price and is only ever tightened. It leaves on a completed close back through the pause, when the trade has gone nowhere shortly after entry, and in any case before the session hour ends.
• One chance per reference per day, whatever the outcome — a refusal, an expiry or a rejection uses it up. Sessions overlapping a major United States announcement are skipped, with no later recovery entry.
• If the conditions are not all present, it records a wait with the one reason that stopped it. A clock schedules when it looks; it does not create a direction or an edge.

How Session Open Volatility trades gold explains when it works, when it struggles and what a trader controls.

No published trades yet. GHX-08 is not yet available for account activation. This record begins when demonstration forward testing starts, and the first eligible closed trade will appear whether it wins or loses.

Nothing is backfilled with simulated or illustrative trades. The empty record is the complete record today.

WHAT EVERY PUBLISHED TRADE WILL SHOW

• Date and time the trade opened and closed, in UK time.
• Direction, entry price, exit price, and the distance to the stop and the target.
• Result in R — the outcome measured against the risk taken, net of spread, commission and swap, with the gross figure beside it.
• Win or loss, how long it was held, the session it traded, and the model version that took it.
• The plain-English reason the model took the trade, written before the outcome was known.
• Never published: lot size, account balance, ticket numbers, and anything at all about a customer account.

• Published entries are permanent: winners and losers remain visible.
• Each entry will be linked to the previous entry by a check value, making a missing, reordered or altered row detectable.
• A correction is published as an additional entry that names the entry it corrects, and both stay visible.
• Signed summaries will preserve the state of the record on each publication day.
• The same decision is released to the demonstration account and to every trader who has the model switched on, in the same cycle, with no preferential ordering.

• These are results from a demonstration account. Demonstration results do not represent live trading.
• Nothing here is investment advice, a recommendation or a forecast, and no return is promised. Leveraged gold carries a high risk of rapid loss.
• Sample size is always shown beside any win rate. A short run of results proves very little, and the record is published from the first trade rather than once it looks good.
• Results in R are net of spread, commission and swap, with the gross figure alongside. Cash figures are not published.
• Gold Hunts is operated from the United Kingdom, and these pages are published under the laws of England and Wales.
• A model acts only while a trader leaves it switched on, on an account they connected, inside limits they set. Reducing or closing a position is never blocked.